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BlackRock Index Equity Instl

The investment seeks to match the performance of the Standard & Poor's® 500 Index (the "S&P 500®") as closely as possible before the deduction of fund expenses.
The fund is a "feeder fund" that invests all of its assets in the Master S&P 500 Index Series of Quantitative Master Series LLC which has the same investment objective and strategies as the fund. It will be substantially invested in securities in the S&P 500®, and will invest, under normal circumstances, at least 80% of its assets in securities or other financial instruments that are components of or have economic characteristics similar to the securities included in the S&P 500®.